Nifty reverses from closer to the negation point-5157(for deeper falls)

Nifty reverses from the calculated short term reversal point- above 5157 @ 5160-5190 as indicated for conservative trade as well as aggressive trades.
Immediate resistance would be the 10 DMa.(5370) 5417/5429(Mth/Week Low ema) and supports 5247(DLEma) & HEma(5268).
If this rally is able to move past 5402/5416, bigger rally may unfold.


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